We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts workHouse · KW15 1HR
For saleListed 398 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
K Allan Properties are delighted to present The Harbour Fry Chip shop to the market.
One of Orkney's most iconic and perfectly-positioned chip shops in Kirkwall, the island capital of the Orkney Islands.
Set in a high-footfall location in the city centre, this well-established takeaway enjoys exceptional visibility and consistent tourist and local traffic all year round.
A consistent favourite with residents, workers, and tourists alike, The Harbour Fry is known for its classic menu, fast service, and unbeatable location just moments from the harbour, ferry terminals, and key local attractions.
Kirkwall is the commercial and cultural heart of Orkney – Kirkwall has a strong local economy, and a tight-knit, supportive business community.
The Harbour Fry offers a rare opportunity to own a turnkey business in one of Scotland's most vibrant island settings.
Services Electricity: Mains Water: Mains Drainage: Mains Telephone: Connected Heating: Electric heater rateable value - Currently £8,300p/a and currently qualifies for the Small business bonus scheme.
EPC - band D Viewings By appointment only, arranged through K Allan Properties.
Call or email Offers to K Allan Properties Watergate Kirkwall KW15 1PD Best estate agent guide When you choose to work with us, you are officially working with one of the UK's Best Estate Agents.
We first received this award in 2023 for sales and are delighted to have been recognised for our high standard of work once again for 2024 and 2025.
The very best agents are listed in The Best Estate Agent Guide – a website for sellers to help them choose who the best agents are in their area.
If you want to achieve the best results for your property sale, combined with receiving the best customer service, we would love to help.
Anti money laundering legislation As with all Estate Agents, K Allan Properties are subject to Anti Money Laundering Regulations.
These regulations require us as selling agents, to perform various checks on the property buyers.
We will require, certified photographic evidence of the buyer’s identity and proof of address on a recent utility statement.
We are unable to progress any sale to completion, until these requirements have been fully satisfied.
Disclaimer Whilst we endeavour to make these particulars accurate, they do not offer/form any part of a contract on offer and are not guaranteed. Measurements are approximate.
We have not tested electricity, gas or water services or any appliances. Photographs may have been taken with a wide angle lens.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
Set an offer; the calculator follows it.
Short-let licence or registration needed
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 3, Harbour Fry, Kirkwall
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